The Worst Stock in the Market

October 14, 2013

I sat down for sushi with John Del Vecchio in Dallas this past week, and as always, it was an interesting conversation.  For those unfamiliar, John is a forensic accountant who worked for some of the most famous names in shorting (Tice and Schilit).

He manages the long only FLAG ETF, and co-manages the short only HDGE ETF.  If you haven’t read his book, it is worth a look:  What’s Behind the Numbers?: A Guide to Exposing Financial Chicanery and Avoiding Huge Losses in Your Portfolio

I asked him a simple question – “What is the worst stock you track?”  In the download below you will find the answer…

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